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president barack obama, the country embroiled in a big debate over national health reform. those against it were against it to the point of rage. and those wo who wanted it were excited to be on the cusp of achieving something they had failed to achieve for decades. at the time the democrat hs a majority in the united states senate, 60 seats is a filibuster super majority. that's enough to pass health reform. that majority for the democrats included senator ted kennedy. senator kennedy spent his career trying to pass health reform. it was his life's work. he had done it at the state level with that guy, mitt romney. he had led on the issue nationally for decades. it was his signature issue. but before he was able to see health reform finally signed into law, senator ted kennedy lost his life to brain cancer. he died in august of 2009. when ted kennedy died, that meant that his seat did become empty in massachusetts and the democrats no longer had their 60-vote super majority chrks they needed to pass health care. they were short one vote. knowing this might happen and this is really dram
's lead, the winning argument. president obama won the election. he won the debate on fairness and he's winning this fight in washington and now even some republicans admit it. in the election, 65 million americans voted for fairness. they stood with the president who says everyone should pay their fair share, that there's just something fundamentally wrong with the millionaire paying less in tacks than his or her secretary. president obama drove that point home again today demanding that the rich pay more so the burden doesn't fall on the middle class. >> our first job is to make sure that taxes on middle class families don't go up and since we all theoretically agree on that, we should get that done. i know some of this might sound familiar to you because we talked about this a lot during the campaign. this shouldn't be a surprise to anybody. this was a major debate in the presidential can campaign and congressional campaigns all across the country. >> that's what this election was all about, americans were with him on election day. and they are still with him now. a newark ton post
. >> kimberly: we'll see you tomorrow. >> bret: president obama says you can pay me now and pay me later. to get off the fiscal cliff. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. is it a negotiating ploy or really what president obama beliefs can happen? the president may be going down a new path tonight in deficit reduction efforts. it's a path that is sure to lead to many obstacles from the other side. chief white house correspondent ed henry has the new developments in a time sensitive story. >> in a dramatic move today, president obama seemed to be trying to split the budget talks to two pieces. suggesting he and lawmakers come up with spending cuts next year after they avoid the fiscal cliff, by extending middle class tax cuts and raising taxes on the rich. >> it would give us more time than next year to work together. on a comprehensive plan to bring down the deficit, streamline our tax system. do in a balanced way. >> the president apparent shift away from spending and tax altogether now in a big deal could increase the chances of a market rattling fall off th
real limiting. when you look at barack obama's first meeting with angela merkel in london when the global economy was on fire is interesting. she laid down the gauntlet. we are not going to play by your rules. we are not going to spend like you are telling us to do. it has been interesting as a superpower to look at all limits we have even influencing a nation like germany. and yet brussels i asked to you think america has the same growth we once had that could influence the international system? i would love to see how you see the challenges ahead in at geostrategic context? >> i think a strong economy is critical to u.s. national security, strong military. in this post financial crisis era, economics and finance are every bit as important as traditional diplomatic and military levels of policy. using the word throw away, a measure of how much nuclear megatonnage could be delivered, i think we have moved from an era where the measure of the nation's strength or vulnerability to an era where sovereign interest rates were a measure of strength or vulnerability so the move from t
for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the cliff if it's between that and compromising their core principles? i was left with the impression that they would. illinois democratic senator dick durbin spoke today at the liberal center for american progress where he said this about the possibility of going off the cliff which fears of this show know is is really more of a curb than a cliff. >> some have called let's go over the cliff and watch what happens. we know if we're not careful, it will in fact stop economic growth and hurt everyone through every income category, particularly those most vulnerable. >> what he did not say is he must not go off the cliff. because the cliff is president obama's and the congressional democrats leverage over republicans. if we do go off the cliff or the curb on january 1st, a republican nightmare will occur. all income tax rates will go up and defe
happen on capitol hill. >> yeah. this is one of the lessons he's learned from the obama care battle where he had no outside game. he basically told the left and all the folks who had supported him during the 2008 campaign, sit down, we've got this, we're going to do it through rahm emanuel, legislative wheeling and dealing. that didn't work so great. the other side flooded the capitol with people carrying guns so now he's mobilizing his base to try to get this done. >> and let us hear him mobilize that base. the president speaking at the white house. >> thank you so much. thank you, everybody. please have a seat. thank you. thank you very much. everybody, please have a seat. except you guys. don't sit down. well, good morning, everybody. >> good morning. >> you know, there's been a lot of talk here in washington about the deadlines we're facing on taxes and deficits. these deadlines are going to be coming up very soon in the coming weeks. but today's important because i want to make sure everybody understands this debate is not just about numbers. it's a set of major decisions that are go
tim geithner will. regardless of the no-show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democratic leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have you here. >> thank you very much. gerri: president with strong words for congress. here's what he had to say. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next wreer. right now, as we speak, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. gerri: there's the president calling out congress. what do you have to say, congressman? >> yeah, here we go in the middle of this. the house passed all our tax things in april. we passed the sequestering documents in may. we waited for the senate since may to reciprocate on that. the senate and white house sat on it, and they said we'll see you in the lame duck period. now it's lame
for you, ask what you can do for you're country. >> sean: that was then. but thanks to obama's entitlement society has jfk's iconic phrase decayed into "ask what your country can do for you." >> i'm more concerned now. >> ambassador susan rice descends on capitol hill to explain why she blamed the benghazi massacre on a youtube video. lieliz cheney has more as the benghazi cover-up unravels. and more states legalize marijuana. so is an increase in revenue really fueling this movement or is a cultural shift to blame? we'll debate it. and the protests in cairo, the white house refuses to condemn the egyptian president's dictator-like grab. all of that, and a "hannity" shootout with juan williams and more. "hannity" starts right now. tonight as the fiscal cliff drama unfolds on capitol hill, we'll take a step back and look at how we got to this point. namely, how do we become a nation buried under more than $16 trillion debt, why crippling defense cuts, and the largest tax increase will take hold in 35 days because your elected officials don't know how to stop spending money. let me first pla
mitt romney will have a private lunch with president obama tomorrow. it will be their first face-to-face meeting since the election and oh, to be a fly on the wall. makes you wonder if they'll be talking about this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to compromise and where they are drawing the line in the sand. >>> the other big story we're watching for you, a second round of sitdowns for united nations ambassador susan rice, who's in an all-out campaign of her own to face her critics. after three republicans issued blistering comments yesterday, this morning rice is meeting with republican senator susan collins of maine and in an hour is expected to meet with senator bob corker of te
are going public. president obama will go outside washington as well as republican leaders to press their case to the american people what they want in the stocks. but here's the baltimore sun this morning with the headline -- yesterday recovered to the speech that he gave. he says to put everything on the table. that's what the number two democrat said yesterday. if your interested in watching the whole thing, go to our video library. and the new york times reporting this this morning -- so that is the latest republican who has talked about breaking the grover norquist pledge on taxes. also, this morning, ceo's meeting with president obama yesterday, business leaders meeting with republicans as well. toth sides gathering ceo's talk about what they would like to see in the fiscal cliff tops. and in the washington post editorial -- also, "usa today" says -- you can look it up on president obama's budget page 465 that it's added to the deficit, they say, and it needs to be part of the deficit. the opposing view of durban says social security is not in a crisis. back to our question fo
does president obama. entitlements are pushing the country toward financial ruin. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: brian, start with you, today. >> dana: you look surprised. >> brian: i am. yet honored. >> dana: do you think they are closer to a deal? after thanksgiving people get back to work. >> brian: i
are we getting all excited about? president obama is meeting with his cabinet at the white house. we'll get the first pictures of that any minute now. earlier today, the president pushed the congress to react on keeping middle class tax rates where they currently stand. >> i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what $2,000 tax hike would mean to you. >> so many people say the president has the upper hand in the debt talks this time around and republicans are starting to show some signs of compromise. >> republicans are willing to put revenue on the table but it's time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> all right. nbc's mike viqueira at the white house. could be one of the last cabinet meetings for a few of the people there. >> reporter: yeah. secretaries of defense and secretaries of state
. get it? christmas tree. let them sell it. >> dana: the white house over the weekend, the obama accepted the christmas tree when it arrived and being put up in the blue room today. >> eric: christmas tree? >> dana: it is. >> eric: hold on. hold on. let's use your example of taking federal, state -- the white house is built with our money. >> bob: i have no problem -- >> eric: should obama call at it holiday tree? >> bob: i have no problem with doing things like a christmas tree in the white house or naytivety scene. no problem. i just said in this one case it's different. >> brian: as a group, as "the five," i'm not a member. >> bob: you are. >> brian: i'm filling in for greg. i would say we should ban together and promise never to attend a western piedmont game, scrimmage or the -- >> bob: i got to give up my season tickets. >> brian: the fact is the students want to not do it. let's not go there. >> kimberly: bob, another one for you. >> brian: make the sacrifice. stand for something. >> kimberly: go to rhode island now. another hot story that people are talking about, because
and illinois representative luis gutierrez. >> warner: and on the "daily download," we look at how the obama administration is re-using digital information gathered for the campaign to rally support now. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: washington was a-whirl today with more talk of avoiding the much-discussed fiscal cliff. but as november wound down, the president suggested an agreement on taxes and spending could come in time for the holidays. >> i believe that both parties can agree on a frame work that does that in the coming weeks. in fact my hope is to get this done before christmas. >> you know me, i was born with the glass half full. i'm an optimist. >> brown: hopeful signs emanated from the white house and the capitol today, about getting a deal before the new year brings autom
reportedly held a private meeting with senior obama administration white house officials. according to the "washington post" the groups were told not to worry about any entitlement reforms or big budget cuts. the so-called safety net programs according to them are not going to be touched and the progressive groups walked away feeling very happy. the report say the white house feels it does not need to compromise, period and is willing to let the big tax hike happen on everybody. the big tax hike is what everybody will face not just the rich or the middle class. they think they'll be in a better position to negotiate with the g.o.p. after that happens. chris stirewalt joins me, host of power play on foxnews.com. >> i was a little frightened, i thought something i, really bad was happening instead of the standard badness. megyn: that is terrifying. [laughter] back down to business, the progressive groups, the union groups meet with white house officials and are very happy, which, you know, strikes fear down the spines of republicans out there i suppose. but can it really be that presi
aoe going to take them out. you guys lost the election. president obama said he was going to raise taxes on the richest 2%. why is this a surprise? that is what happens at the end of the year. it is a little slow. we'll get over that. come january first, they will pass the tax cut for 98% of the people. >> i didn't think this was a mandate. i agree your man won. but jim, the basic deal was, okay, john boehner acknowledging what this was. putting this on the table and he said this a million times in return for some. modest reform. while the biggest stuff waits for next year. if the democrats say it is off the table and if harry reid is trading bars with mitch mcconnel, what is up here. senator durban said, it shouldn't be ps deal. i don't think there is a bar gain to be had. it is a win win for alabama. he is going to get the tax hikes or the rb ares will say no deal and he gets the tax hikes which is what he will prefer anyway. that is a big pot of money he can use for whatever he wants. they are still not going to be a deal. baker, democrats saying there is no problem with social
president obama and the republican leaders trying to reach a deal to avoid the crisis. the number two man, durbin of illinois tad saying nothing should be left off the table in search of budget cuts, and new sources of revenue, the assistant majority leader allowing the changes in the president's signature legislative achievement should be on the table. that's right, obamacare. >> put everything on the table. repeat, put everything on the tail, not just taxes and revenue, but spending cuts and entitlement reform. the only perfect law i know was carried down a mountain by senator moses. lou: what should be positive words for republicans tempered by the fact that senator durbin has no standing as the president's representative in the negotiation, and harry reid is telling a far different stories. john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already do
. >>> peÑa nieto se reÚne con barack obama. >>> porque raperos viven escondo nidos su tierra, cuidado con la mezcla, estudiosado vier te combinaciÓn de toronja y bien medicamento. >>> sueÑo de todos y alegrÍa de millonario los 500 millones que cualquiera se puede ganar la ediciÓn martes del noticiero comienza ya. >>> noticiero telemundo con joÉe dÍaz-balart. >>> buenas tardes, comenzamos en washington con la visita del presidente electo de mÉxico enrique peÑa nieto cuando legal faltan cuatro dÍas para asumir el amabilidad era mando de mÉxico por seis aÑos la visita podrÍa ser como el inlz de nuevas relaciones en trepo estados unidos y mÉxico dos paÍses que comparten frontera y una lucha comÚn contra el narcotrÁfico en la regiÓn, lori con el detalle desde washington. > >>>. >periodista: hasta ahora solo habÍan hablado por telÉfono. >>> pero hoy el presidente barack obama y el futuro presidente mexicano se vieron cara a cara. >>> barack obama eligiÓ la agenda de reformas de peÑa nieto y valorÓ a este hombre, porque consigue hacer lo que se propone, y dijo
. president obama has not yet even nominated her. but the white house says she is enormously qualified. senators john mccain, lindsey graham and kelly ayotte say they're even more troubled now after meeting with ambassador rice. the attack on libya on september 11 killed the u.s. ambassador, cries stevens and three other americans. five days later, ambassador rice went on the sunday talk shows and said u.s. officials believed it was a spontaneous reaction to protest over an anti-islam video. not a preplanned terrorist attack. first the controversy was over whether the white house made the change in the talking points. but that's past because intelligence officials say they gave ambassador rice those talking points. today senator graham called the information disconnected from reality. >> not only is the information bad and i'm more convinced than ever that it was bad, it was unjustified to give the scenario as presented by ambassador rice and president obama three weeks before an election. >> shepard: rice said while we wish we had had perfect information, just days after the terrorist
the irony here is that obama and boehner still have no plans to meet themselves face-to-face. the two did meet before congress' thanksgiving recess along with the other two three members of the house and the senate. they had plans to meet again this week but still nothing is scheduled. it is not a great sign and shows that the two groups are practically incapable of working together. the last time obama and boehner tried putting together a big deal over the budget, that completely collapsed and this time around, the american people are getting less and less optimistic that congress will be able to reach a deal before the tax hikes and spending cuts kick in just 33 days. it is going to look bad for congress if they cannot get this done and some republicans are saying it's time to give in. politico's also reporting oklahoma representative tom cole told his g.o.p. colleagues yesterday to move forward with the president's he plan to extend the tax breaks for everyone except the top 2%. cole said that he does not agree with raisin
injured. >>> turning now to 607 at the white house, president barack obama meets with middle-class americans and with corporate ceos. he is pushing his ideas for a corporate cliff to renew middle- class tax cuts before they expire at the end of the year. coming up, how the white house is also using social media to rally public support for its position. >>> well 400,000 are watching it happen in washington and that's because of emergency federal unemployment benefits due to expire december 29th unless congress is due to expire. they are noticing the possible loss of benefits which are going into the mail this week. >>> 6:09 is the traffic and certainly could be an issue as we get some rain, let's check in with tara who is in for sal. >> people need to take it slow with the rain coming in. we have a map showing an accident on grant line road and this is sort of a slow stretch anyway so of course it is not helping the situation. up next we are looking at the bay bridge toll plaza and the metering lights are on so give yourself some extra time and that bong is extending back to t
, the obama administration implemented a federal program this year to lower emissions required emissions over the next two decades. here's the president describing what that policy will do. >> obama: by 2025, the average fuel economy of their vehicles will nearly double to almost 55 miles per gallon. it will save a typical family more than $8,000 in fuel costs over time. >> jennifer: now of course, if you get an electric vehicle like i have, it is over 250 miles per gallon if you go to the gas at all. anyway, if president obama likes it then the right wing, of course, must hate it! and they do. with a passion and vitriol that is usually reserved for the war on christmas and misplaced birth certificates. >> even with the $7500 federal rebate or whatever you get for it, it is still beyond pricy for a fred flintstone car. >> trying to push this crazy green agenda. we're twice the size. >> i can't tell you how annoying. get out of car. go in the trunk. get this long cord. hook it into the side. plug it into th
with the country. plus his plans to fix the gop. >>> plus president obama's tax push. he wants the rich to pay up but is it fair? >>> and one of the most influential spiritual leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're talking politics, same sex marriage and the "two and a half men" star whose christian conversion has him attacking his own show. this is "piers morgan tonight." >>> good evening. our big story tonight, countdown to financial doomsday, the fiscal cliff and the clock is ticking. 35 days left before this massive sweeping tax hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his party back away from that promise? joining me in his first interview since the election, reince priebus, chairman of the republican national committee. welcome back, mr. priebus. how are you? >> doing great, piers. how are y
de mÉxico. enrique peÑa nieto estuvo en la casa blanca se reuniÓ con el presidente obama, vamos a ver cuÁles son los temas que discutieron. 3 pequeÑos recuperan a su padre gracias a la decisiÓn de un juez que da la custodia de los menores al inmigrantes mexicano. miles desfilan en puerto rico. y antes que sus restos sean llevados a new york. y un nuevo problema se suma a los que enfrentan los vingz nos el secuestro va en a aento en todo el paÍs. especialmente en la capital caracas. kmeÑ zams. este es su noticiero univisiÓn. y diggs nocturna con ilia calderÓn y enrique acevedo. >>> buenas noches, en 4 dÍas mexicano tendrÁ un nuevo presidente, y hoy enrique peÑa nieto se reuniÓ en washington con barack obama para discutir la reforma migratoria prometida por el mandatario estadounidense. el encuentro duro poco mÁs de una hora se hizo en la sala o balance y bilma tiene los detalles. >>> la primera visita de enrique peÑa nieto al presidente obama un encuentro para darse la mano y dmen zar a calentar motores para m prÓximo encuentro entrar en materia y comenzar a discutir tema
. happening now, new troubles for some top members of the obama administration. more republicans senators say they're troubled by what the united nations ambassador susan rice is telling them. and now the acting cia director has some serious problems as well. president obama pulls out all the stops to keep middle class taxes low, but will congress go along with higher taxes for the rich? plus, a long secret u.s. plan, get this, to explode an atomic bomb on the moon. what were they thinking? i'm wolf blitzer. you're in "the situation room." >>> today we may be at the tipping point for one of the most important decisions president obama needs to make as he begins his second term. on capitol hill republicans including moderate republicans are sending the president a clear warning, don't nominate susan rice to replace hillary clinton as secretary of state. rice is the current u.s. ambassador to the united nations. she spent a second day meeting with senators trying to explain some of her inaccurate comments she made after the september 11th terrorist attack on the u.s. consulate in benghazi, liby
that matter most in washington. last week, how the obama campaign won and today we will talk about very important issue for conservatives and republicans, the path forward for them and their party. we appreciate bank of america's partnership including at both of the conventions. and we are going to bring you into the conversation. you got cards. we would love to take your questions and also be getting questions as they call it on "morning joe"," the twitter machine. we would love to bring out grover norquist, president of americans for tax reform. good morning, grover. [applause] >> you don't have your bag. he is attached to his bag. >> they told me it was too streamlined up here for the bag. >> thank you very much for coming out. can republicans raise taxes and not break your pledge? >> difficult. >> it's not know? >> close to no. look, here's the challenge we have. the republican party has built the brand that the party won't raise your taxes. the pledge has made that easier to do because the pledge doesn't change over time. it doesn't change across state lines. in the past, it was di
the way president obama was campaigning. and then the pentagon's gotta make a contribution and we've already cut a trillion and a half dollars on domestic discretionary. we'll have to cut more to get a deal. but with the ratio is, i haven't been that close to what the numbers are. >> eliot: one of the issues lurking out there is the debt ceiling and it seems necessary to me to include as part of this grand bargain if one is ever struck, an agreement there will not be another negotiation in a month or two because the republicans in the house refuse to raise the debt ceiling. does that have to be wrapped into this deal? >> absolutely. we committed political malpractice in 2011. we got -- mcconnell held out for $800 billion in tax breaks for the high income folks. we got $13 billion in extended unemployment benefits in december. then you come back in april and may and we start arguing about the debt ceiling. we had to raise it in order to meet the deal the president agreed to. we cannot make the same mistake twic
and medicaid. will they give president obama room to negotiate some kind of deal that gets through this hell coming january 1st. they say they won, the other side lost, they're going to fight. >>> plus democrats are moving to end the so-called silent filibuster which republicans have used to quietly say if you don't have 60 votes, you ain't going nowhere. this is the big question, if they're successful, it's possible, it's possible the democrats will be able to get some things done. we'll talk about that in a minute. they're going to be just like jimmy stewart finally. they're going to force them to actually filibuster like they did in "mr. smith goes to washington." anytime they really want to shut down the senate. >>> and the democrats considered least likely to win back her senate seat beats the odds, and i think thanks to todd akin, and is back for a second term. our friend, the great claire mccaskill, joins us tonight, the senator from missouri. >>> what's the first sound you hear after a democrat wins a presidential election? a republican crying fraud. tonight, the latest republican fa
of the fiscal cliff. today on the senate floor, minority leader mitch mcconnell abusing president obama -- accusing president obama of being back on the campaign trail instead of working with lawmakers. have you seen anything to indicate that we are close to a resolution, or even moving in that direction? >> i haven't. it's hard to come to a resolution when one of the parties to that isn't around. the president, as you mentioned, is out on the campaign trail again. >> greta: you're referring to his trip this friday to pennsylvania. >> right. you've got to have presidential leadership to do big things. that's what we need right now. obviously republicans are here, ready to go to work, ready to solve the issue of the fiscal cliff. what the president wants to do, however, is to raise taxes on small businesses, almost a million small businesses who employee 25% of the workforce. that's his proposal. republicans cannot be for that. the president said in his press conference right after the election that his number one priority is jobs and the economy. we agree with that. but if your number o
obama and john boehner. here's how we finished the day on wall street, near the highs. up 105 points. 12,983. we'll have technicians looking at this day, seeing if it's a key reversal. the s&p also in positive territory. market driven by headlines and bluster out of washington. yep, that's what investors should expect short term. maybe until january 1st. should they also expect a rally any time soon? according to ryan dieterich, rally could most definitely be headed our way. >> he joins us now to explain along with peter anderson from congress asset management company. bill mcvail from turner investment partners and our very own rick santelli. peter, i have to begin with you. with a name like congress asset management, is congress going to come through for your assets? >> well, i wish i had an inside scoop on that, but unfortunately, we're also left to speculate at this point. but i will say this. what's incredible about this market is the way the market moved up today, it's an instant polling network that the government can use, actually, to kind of float trial balloons to us and get a
about their closed-door meet ings on the fiscal cliff. at 11:30, president obama will make remarks at the white house surrounded by middle class americans who he says would see their taxes go up if congress can't make a deal. later he's hosting big business leaders to talk about ways to cut the deficit. joining me to talk about this, "washington post" political columnist day ma milbank and terence page. >> good morning. >> clarence, big development with tom cole breaking from his party and saying they should support an immediate extension of bush-era tax cuts for households earning less than $250,000. and then deal with the higher income tax breaks later. this is the key argument the president has been making. he says this has to get done. it is a sign the democrats' arguments are working? is tom cole an outlier among republicans? what's going on? >> it's a sign of the diversity in the republican party and that's something that president obama's team is trying to work on. they're trying to develop divisions and to break the logjam, the big showdown that's going on between speaker b
yesterday neither she nor any one in the obama administration intended to mislead any of the american people at any stage in the process. she is set to tell her story to two more republican senators today. ainsley? >>> thank you, peter. we are going to stick with that theme and take a look at who is talking. she was reporting ambassador rice acknowledged the administration's assessment was wrong and says the protest did not spark the attack. >> for weeks after the attack the president continued to point at the video as cause for the attack. the white house briefing james rosen looks for the answers. listen to this. >> references to this protest that never occurred and the demonstrations that never occurred in benghazi were a staple of president obama pronouncements about benghazi all of the way through september 25th at the united nations. >> james i appreciate the question and there have been some very interesting answers to these questions of late. but i would make the point that as ambassador rice makes clear in this statement that those initial assessments were wrong in one key respect.
are scheduled to go up. unless we fix that, president obama becomes a defender of the bush tax cuts for 98 percent of the people and that is something we accomplished and we ought to take pride in it. i am not for raising rates on anyone. period. >>neil: we know the end result is you mentioned the president, sir, and he seesed on your remarks. this is president obama. >> glad to see if you have been reading the pains that more and more republicans this congress seem to be agreeing with this idea we should have a balanced approach. if both parties agree we should not raise taxes on middle-class families, begin our work with where we agree. >>neil: you have the president agreeing with you and the speaker not. where do you see this resulting in --. >> i'm against tax increases on anyone. period. end of debate. it doesn't take a positive action by congress to raise taxes, they go up unless we do something to stop it. if i can stop them for 98 percent of the people and continue to fight on the others, i will. if you think we will gain ground by holding the american people hostage -- i disagree.
." >>> president obama ramps up the sales pitch on his fiscal cliff picks. will public pressure push republicans into a deal. one leading house republican who happens to be a former pollster takes a very vocal position on what he thinks his party needs to do and to do now. >>> u.n. ambassador susan rice's attempt to smooth things over doesn't go over as well as she or the white house would have liked. guess who stepped out to vouch for her. none other than a retiring amigo, senator joe lieberman. >>> and new numbers on a hypothetical matchup for 2013 that would be sure to get some votes. what would happen if cory booker took on chris christie. that's not the only big 2013 news this morning on the campaign front. good morning from washington. it's wednesday, november 28, 2012. this is "the daily rundown." i'm chuck todd. right to my first read of the morning. so is washington just running out the clock until about ten days before christmas when everyone smells the jet fuel and gets ready to cut a deal to avoid the so-called fiscal cliff? some days it feels that way. the president is stepping up h
on the ropes and they know it. >> obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. >> the president really wants to reach an agreement, he needs to be talking with the members of his own party right here in washington. >> it's too important for washington to screw this up. we really need to get this right. ♪ how do you like me now ♪ ♪ how do you like me now ♪ >> good afternoon, it is difficult to hold down the excitement here in new york. it is a growing frenzy that everyone's talking about. there are fantasies of celebration, if the numbers go their way. there are teams pooling resources. there's talk of high stakes and long odds. no, it's not the powerball lottery. it's the fiscal cliff. just in the last hour, at his first cabinet meeting since re-election, the president expressed the urgent need for a deal, one that he wants to see extend tax cuts for the middle class while letting them expire for the highest earners. >> there is no reason why taxes on middle class families should go up. it would be ba
that president obama got a pass on benghazi during the election so there's some of that but one thing i would point out to you from senator collins' remarks is that she is still looking for answers from susan rice about a time in 1998 when she was in charge of the region and in the state department when our embassy in kenya was bombed so these senators are moving to a point of saying that susan rice may not be qualified to be secretary of state and i think that's an important thing to be looking at, going one step beyond. she's not qualified in their opinion. >> i get what you're saying there and if that's their opinion and they want to use, for example, as you used the example that susan collins did, that would be the appropriate place perhaps the nomination process but everything we've been told, thus about benghazi, finding out why four souls to lost, to give their families answers. this is not about the secretary of state nomination. this is who changed talking points, so on and so forth, right? >> it may be. >> it may be. which is why some people are concerned. the mere fact we have to s
the two sides remain deadlocked president obama is taking his case to the american people trying to drum up support. republicans are complaining that instead of being out campaigning he needs to sit down with them and work out a deal. it's a short drive up pennsylvania avenue from the capital to the white house but congressional republicans and president obama are getting farther apart in their effort to keep the nation from veering off the so-called fiscal cliff. a series of tax hikes and spending cuts due to kick in at the end of the year. >> seems like our friends on the other side is having difficulty turning off the campaign. >> reporter: the white house says the campaign gives the president support from the american people. >> the election was conclusive in terms of which path a majority of the american people want to take. >> reporter: president obama will try to build more support when he meets with middle class americans here in washington today. he'll ask them how the fiscal cliff could impact their lives. on tuesday he invited small business owners into the oval office to offe
republicans and president obama are getting farther apart in their efforts to keep the nation from veering off the so-called "fiscal cliff." a series of tax hikes and spending cuts due to kick in at the end of the year. >> seems like our friends on the other side are having some difficulty turning off the campaign. >> reporter: the white house says the campaign gives the president support from the american people. >> the election was conclusive in terms of which path a majority of americans want to take. >> reporter: president obama will try to build support when he meets with middle class americans here in washington today. he will ask them how the "fiscal cliff" could impact their lives. on tuesday, he invited small business owners into the oval as of to offer their ideas. >> they had one message for the president at the oval office, they need certainty. please get this deal done as soon as possible. >> reporter: but spend anytime on capitol hill and it's easy to see a deal isn't forthcoming soon. >> there's been little progress with the republicans, which is a disappointment to me. >> their
from you. >> obama and reid and nance than plan to spend a great deal of money they did, then they asked to come back and ask republicans to put their fingerprint on a tax increase to validate hire level of -- a higher level of spending, whether they turned and asked the republicans would they please, as they were willing to in '82 and '90, raise taxes so the democrats could spend all of the money, the democrats said no, they said no several times, and they said, no, no, people said why,ome republicans said, i made a commitment to my voters, in writing not to raise taxes, behind closed-doors you can give somebody goodies but you cannot undo a commitment they make in writing to their voters, they decide since atrshares that pledge with all candidates, republicans and democrats, maybe if they attack me, that would make the pledge go away. the problem is, as handful of congressmen as you point out, know they say, well, i would like ta raise taxes, and they look at me like i'm going to tell them it's okay? don't talk to me. neil: here is my theory, i think there is more to i
the world. european markets follow shanghai into the red. president obama holds a second ceo summit today at the white house, getting input from top business leaders on how the administration and congress can solve the crisis over, yes, the fiscal cliff. and origin tina's rating is slashed over five notches. we'll speak to a bondholder who once represented the country's creditors. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> as we get into the trading session here in europe, you can see behind me decliners outpacing advancers by about a 4-1 ratio, with stocks shedding about a third of a percent. we'll get to more of that shortly. first take a look at the forces individually to get a sense of where we're seeing the selling pressure and it is pretty much consistent. there's the ibex 35 down .7 of a percent. the ftse down about a third of a percent. not many green spots to find. yesterday we saw that rally in peripheral debt. today we're actually seeing firmer prices across the board, so whether the u.s. down there or italy and spain here in
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